For the past few years, social media has become one of the top means of making money online with many content creators constantly benefiting from them. The system has evolved to the extent that over 1 billion monthly subscribers are active every day on two of the most popular social media apps called TikTok and Facebook.
Also, Facebook as a well-known platform in the social media industry, not only allows users to stay connected with friends and family but has included some features in which users can earn money in many ways.
TikTok is a social media app launched by a Chinese company named ByteDance for making and sharing short videos or reels. TikTok has become one of the most popular apps on Apple’s App Store and Google Play Store, while Facebook is owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with more than 2.5 billion active users. These two global social media giants have become viable sources of making money online.
So, through this article, we’ll show you different means of making money from TikTok and Facebook. Many content creators especially the early users have made a huge success through TikTok and Facebook, but it’s never too late to start. Just go through this article and learn various ways in which you can make money from TikTok and Facebook.
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Table of Contents
Sell your products on the Facebook Marketplace
Currently, Facebook has added lots of new features to its app and one of them is the Facebook Marketplace. This has been one of the most trending ways to make money on Facebook. Through the Facebook Marketplace, you can share any type of product which you can legally sell online including fashion wear, beauty and skincare products like cosmetics and jewellery, mobile phones, and accessories. You can also share your handmade items or crafts for users to view which you can decide to deliver locally or ship from abroad.
Just take a picture of the item you wish to sell, write the details about it along with the price, and then list it to sell. This Facebook Marketplace is almost like eBay where you can sell used and unused products including new products. Just remember that your success depends on your ratings.
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Paid ads or Paid Advertising
Paid Advertising has become one of the main ways manufacturers promote their products and gain popularity. With over 1 billion active users on TikTok, you can create awareness for your products as well as other people’s products or about a product launch on TikTok. You don’t need to get lots of followers to achieve this, you can simply purchase ads on TikTok, and create a short video with text, pictures, and links to your products.
These ads are later spread across various TikTok platforms for users to view and purchase your products if they find them interesting.
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Benefit from ads and Brand Placement
You can include ads and Brand placement in your content to gain many followers. Another feature that is recently added to Facebook is in-stream ads which you can use in your videos. The Facebook programming automatically identifies breaks in your videos and places ads either before, during, or after playing your videos. Meanwhile, you can as well choose when these ads will play in your videos manually.
As these ads may seem annoying to many viewers, they can become a source of income for you. The amount of revenue you get depends on the number of views you get on your content. Everything depends on the number of followers you get which is not an easy journey. These followers will help share your videos to attract more followers who will view your content
Engage in Affiliate Marketing to earn money on TikTok
Affiliate Marketing is an agreement between an Advertiser and a publisher in which the publisher is paid a commission whenever someone clicks on their links to purchase goods from them. Through affiliate marketing, you can make huge money by promoting goods and services and you will be paid for each sale made through your links.
As a content creator, you can optimize your profile for conversion by adding a Bio link with the affiliate offers you promote. This is because TikTok won’t allow you to add your links to your posts. Then after you’ve posted about the products or services you promote, don’t hesitate to inform your viewers to get the link in your Bio. Depending on the agreement with the advertiser, sometimes you’re paid a percentage of the sales price.
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Get paid with a sponsored post on TikTok
To make money through sponsored posts on TikTok, you need to have a solid social media influence with lots of followers. Not only from TikTok, but you can also make money from sponsored posts through many social media platforms including Facebook. Many influencers make huge amounts of revenue yearly by partnering with popular companies or businesses. Like I said before that it all depends on the number of followers you have, a famous TikTok influencer can make up to $1K for each sponsored post.
Since many business owners are using social media to advertise and promote their business, you as a content creator can take advantage of that by creating a video with a sponsored message about the companies that endorsed you on it.
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Go live on TikTok
You can also make money anytime you go live on TikTok. When you go live, viewers or your followers can send you some perks (flowers). These rewards have a monetary value and can later be converted into cash. Before you can go live on TikTok, there’re some requirements you have to meet which TikTok stated below.
“If you want to go LIVE on TikTok, you have to be 16 years old or older and have more than 1,000 followers. If you’re 18 years old or older, you can also earn gift points while going LIVE. To go LIVE on TikTok, tap the “create” icon to access the LIVE screen” – TikTok support.
The most important thing to do is to grow your followers. Once you’ve reached up to 1,000 TikTok followers, then making money through TikTok will be very easy without even engaging in Affiliate Marketing. Through the live feature, users can support their favorite creators by sending virtual gifts which can later be exchanged for money.